April 2015 update, sub-$70k!

Another milestone I finally crept under…sub-$70k! My total student loan debt got down to $69,885.92 on May 2nd! This was just with the minimum payments since we switched the plan from student debt payoff to wedding and home savings. I paid the standard $557, which brought down my total by only $330 (UGH, $227 in interest!). On the plus side, it’s also a huge payoff milestone–over $25k for the first time! $25,140.95 paid off total since the birth of this blog. Hooray!

Budget-wise, April was much like March, as in still semi-sharing with Mr. Bacon’s dad and stepmom, although by the end of April, they were about 90% at their beach house. So a similar theme in that we went over budget in fast food and dining out, and under budget for groceries. We also switched Mr. Bacon’s license plates back to Delaware ($738 for a year-old car, yech!).

The great news of course, mentioned in my previous post, is that our landlord back in the DC area let us off the hook for the remainder of our lease in terms of not having to pay the $1500/month rent until the old condo gets rented out. (It’s still not rented out…and I just saw he dropped the rent down to $1450.) Thank you, landlord! We can actually pay off debts and save up money now!

Coming up, at least our credit card debt is much better–just under $1800 right now, with our $1200 security deposit due in the mail any day now. So the goals in May are to pay off that credit card debt, save up wedding money and finalize our vendors and invitations, and start investigating the possibility of buying a house.

Spoiler alert! We actually got approved for up to a $325k house today…which actually gets you something nice in Delaware! More on wedding planning and house hunting soon.


Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s